Funding Details
- Awarder
- StartEngine
- Date Award
- June 13, 2024
- Vertical
- Space and Technology
- Funding URL
- View Funding Page
- Premoney Valuation
-
$1,000,000
- Valuation
-
$20,000,000
Company Info
- Founding Year
- Not provided
- Traction
- We have already built a proof-of-concept demonstrating that our quantum technology significantly outperforms timing from GPS. Our core technology is covered with two patents and three new provisional patents (and growing). These patents are exclusive and IP is owned or licensed only by Xairos.
- Organizations Involved
- Techstars, US Air Force, NASA
- Founders
- David Mitlyng, James Troupe, Roger Yee
- Company Description
- We are a space and technology company that is revolutionizing time synchronization. To date, Xairos has raised over $1.3 million which has been used to successfully build a proof-of-concept (POC) demonstrating our patented quantum technology. Our system aims to enable a new generation of technologies that require orders of magnitude better accuracy and security than GPS can deliver. We are currently pre-revenue generation.
- Market
- Global Positioning System (GPS) Alternative
- Location
-
Lone Tree,
CO,
US
- Coinvestors
- Techstars, US Air Force, NASA
Links